Sunday, April 24, 2005

Kosovo: World Bank, UNMIK sign investment deal for mining, energy sectors

Prishtina [Pristina], 22 April: The World Bank [WB] will support Kosova [Kosovo] energy and mining sector with a grant of 2.5m US dollars.

The spokesperson for UNMIK [UN Interim Administration Mission in Kosovo] Pillar IV, Mechtild Henneke, said that the agreement was signed yesterday in Prishtina between the DSRSG [Deputy Special Representative of the Secretary General] Joachim Ruecker and the World Bank representative in Kosova, Kanthan Shankar.

Shankar said that the continued help in the energy sector reflects the World Bank's strategy based on the Kosova Economic Memorandum, which identifies the energy sector as one of the pillars of growth in Kosovo. [Passage omitted - background]

Source: KosovaLive web site, Pristina, in English 22 Apr 05

1 comment:

Deshar said...

In 1990 Albania ended 44 years of xenophobic communist rule and established a multiparty democracy. The transition has proven difficult as corrupt governments have tried to deal with high unemployment, a dilapidated infrastructure, widespread gangsterism, and disruptive political opponents. International observers judged local elections in 2001 to be acceptable and a step toward democratic development, but identified serious deficiencies which should be addressed through reforms in the Albanian electoral code. kosova